News

Fed's Powell cautions about higher long-term rates as ‘supply shocks' provide policy challenges
Powell said Thursday that longer-term interest rates are likely to be higher as the economy changes and policy is in flux.
Powell warns of more volatile inflation as latest data shows impact from tariffs
US wholesale prices sank in April, logging their biggest monthly drop since Covid stifled the economy, as tariffs put a ...
As the Fed devises its new strategy, Powell sees an economy with ‘more volatile’ inflation
Every five years the Federal Reserve reconsiders its framework for monetary policy. This time it will have to consider ...
Federal Reserve to cut its workforce by 10% in coming years
The Federal Reserve is planning to reduce its workforce by 10% over the next few years, according to a memo by Fed Chair ...
Reuters2d
Fed's Powell: Strategy around both jobs and inflation needs to be reconsidered
WASHINGTON, May 15 (Reuters) - U.S. Federal Reserve officials feel they need to reconsider the key elements around both jobs and inflation in their current approach to monetary policy, given the ...